Multiple Sam’s Club stores abruptly close nationwide

Walmart, which owns Sam's Club, also announced Thursday that they’re boosting their starting salary for U.S. workers

Sam's Club

(WCMH) – Walmart is abruptly closing 63 of its Sam’s Club locations nationwide.

A press release from the company says the move will convert up to 12 of the impacted clubs to eCommerce fulfillment centers in a move that will speed delivery of online orders, with the balance of the facilities closing over the next few weeks.

The action was taken after a thorough performance review, according to Walmart.

“Transforming our business means managing our real estate portfolio and Walmart needs a strong fleet of Sam’s Clubs that are fit for the future,” said John Furner, president and CEO of Sam’s Club. “We know this is difficult news for our associates and we are working to place as many of them as possible at nearby locations. Our focus today has been on those associates and their communities, and communicating with them.”

Walmart, also announced Thursday that its boosting their starting salary for U.S. workers to $11 an hour as well as giving some employees a one-time $1,000 cash bonus and expanding their maternity and parental leave benefits.

Walmart say it will provide support and resources to associates who are affected, including the bonus announced today and 60 days of pay, as well as severance to those eligible.

Business Insider has a list of confirmed closed stores on its website. 

 

 

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